Diversity Analysis of Bounce Fitness

Running head: DIVERSITY ANALYSIS OF BOUNCE FITNESS
DIVERSITY ANALYSIS OF BOUNCE FITNESS
Name of Student
Name of University
Author’s Note

DIVERSITY ANALYSIS OF BOUNCE FITNESS1
TABLE OF CONTENTS
PART A:..........................................................................................................................................2
Answer a:.....................................................................................................................................2
Answer b:.....................................................................................................................................2
Answer c:.....................................................................................................................................3
Answer d:.....................................................................................................................................3
PART B:..........................................................................................................................................4
Answer e:.....................................................................................................................................4
Answer f:.....................................................................................................................................4
Answer g:.....................................................................................................................................5
Answer h:.....................................................................................................................................5
Answer i:......................................................................................................................................6
Answer j:......................................................................................................................................6
Answer k:.....................................................................................................................................6
PART D:..........................................................................................................................................7
Answer l:......................................................................................................................................7
Answer m:....................................................................................................................................7
REFRENCES:..................................................................................................................................8

DIVERSITY ANALYSIS OF BOUNCE FITNESS2

DIVERSITY ANALYSIS OF BOUNCE FITNESS3
PART A:
Answer a:
Bounce fitness has come into existence in the year 2001made by Margaret House. It
started off as the aerobic studio and later it diversified into various fitness training. The company
went for the approach of one stop shop. They also update equipment’s present in the studio in
every three years (Wang et al 2017). The diversification of classes includes choreographed
fitness moves and it also contains aerobic classes and also some of the circuit classes. In
accordance with the customer needs the other kind of facility is also provided. The studio also
offers low carbs and high protein food which are good for health. Providing of personal trainer
also inculcated in the regime for the members of the fitness studio. It has branches in all over
Australia. This diversification is done after observing of the problems regarding the fitness and
also the needs for the fitness.
Answer b:
There are many advantages of diversification in a business. The main advantage involves
minimizing risk of loss. This states that if one of the departments does not perform then it can be
compensated by the other departments. This procedure applied by the Bounce Fitness. If one of
the classes of the Bounce Fitness does not attract students then the loss can be compensated by
the other classes (Smith and Goldstein 2017). Diversification has helped in preserving capital for
the investors of the company or the organization. The same goes with the Bounce Fitness as it
will help the investors of the company can preserve the investment. Generating income is one of
the major benefits of the diversification and the investors of the bounce fitness also see through it